1 00:00:00,000 --> 00:00:02,760 Alright guys, so this is my Nerd Octax Gamma. 2 00:00:02,760 --> 00:00:06,960 So I've had this one running for a while now, and it's sitting at around 10 terahash, 3 00:00:06,960 --> 00:00:08,940 just quietly running in the background. 4 00:00:08,940 --> 00:00:14,000 Now before anyone asks the obvious question, yes, I'm going to talk about profitability. 5 00:00:14,000 --> 00:00:18,400 At current difficulty in price, this thing is maybe making 30 to 40 cents worth of bitcoin 6 00:00:18,400 --> 00:00:22,240 per day, and depending on your electricity rate, you're likely spending more than that 7 00:00:22,240 --> 00:00:23,360 to run it. 8 00:00:23,360 --> 00:00:27,560 So yeah, on paper, it's losing money, and that's usually where most people stop thinking 9 00:00:27,560 --> 00:00:28,760 about getting one. 10 00:00:28,760 --> 00:00:31,080 But here's where it gets interesting. 11 00:00:31,080 --> 00:00:33,000 Performance wise, it's doing exactly what it should. 12 00:00:33,000 --> 00:00:37,680 It has a stable hash rate, there aren't any weird drops, the temperatures are controlled, 13 00:00:37,680 --> 00:00:39,960 and it doesn't even throttle or crash. 14 00:00:39,960 --> 00:00:45,520 The spec sheet says somewhere around 160 to 180 watts, but when you measure at the wall, 15 00:00:45,520 --> 00:00:50,720 which you always should, I'm seeing closer to 205, sometimes 210, and that's perfectly 16 00:00:50,720 --> 00:00:51,720 normal. 17 00:00:51,720 --> 00:00:54,260 Now from a hardware standpoint, it's solid. 18 00:00:54,260 --> 00:00:58,160 The cooling is well thought out and the fans are barely noticeable. 19 00:00:58,160 --> 00:01:02,400 The power connector design is also very good, it's much better than the old barrel connectors 20 00:01:02,400 --> 00:01:03,660 that used to get hot. 21 00:01:03,660 --> 00:01:08,480 The setup is also very simple, connecting it to wifi was easy, and it just feels like 22 00:01:08,480 --> 00:01:12,540 something you can plug in and let it run without constantly worrying about it. 23 00:01:12,540 --> 00:01:16,340 But honestly, none of that is the reason people end up loving these things. 24 00:01:16,340 --> 00:01:21,280 At the end of the day, this thing is basically a lottery ticket that never expires. 25 00:01:21,280 --> 00:01:24,920 Every 10 minutes somewhere in the world, a bitcoin block gets mined. 26 00:01:24,920 --> 00:01:28,980 With almost 10 Tera hash, your odds are small but they're not impossible. 27 00:01:28,980 --> 00:01:31,600 And if it hits just once, everything changes. 28 00:01:31,600 --> 00:01:35,580 Some people are okay with paying a small and predictable daily cost just to stay open to 29 00:01:35,580 --> 00:01:37,080 that possibility. 30 00:01:37,080 --> 00:01:40,960 And honestly, at some point this just becomes a passion project. 31 00:01:40,960 --> 00:01:44,180 People start with one just to experiment, then they start paying attention to things 32 00:01:44,180 --> 00:01:47,180 like uptime, efficiency, probability. 33 00:01:47,180 --> 00:02:02,884 And then you start thinking well what happens if I get another Not because it guaranteed money but because it just hard not to But for me the deeper reason isn even the block reward it participation When you run one of these at home especially if you running it through your own node you 34 00:02:02,884 --> 00:02:07,064 not just speculating, you're contributing hash power, you're validating, you're helping 35 00:02:07,064 --> 00:02:12,284 secure the network. Bitcoin isn't secure because someone says it is, it's secure because hash 36 00:02:12,284 --> 00:02:17,384 power is distributed. And when more of it lives in homes rather than giant operations, 37 00:02:17,384 --> 00:02:21,884 the network becomes harder to control. One small miner doesn't move the global 38 00:02:21,884 --> 00:02:26,784 hash rate needle much, but thousands of them do, and that increases decentralization of 39 00:02:26,784 --> 00:02:30,284 the network. There's also something else that happens that people don't talk about 40 00:02:30,284 --> 00:02:35,164 enough. You learn. Once you start mining, you stop being a spectator watching the price 41 00:02:35,164 --> 00:02:40,984 charts. You start paying attention to blocks, fees, latency, difficulty adjustments, all 42 00:02:40,984 --> 00:02:45,664 these little details, and then you understand how the system actually works. You go from 43 00:02:45,664 --> 00:02:48,544 From simply being a consumer to being a participant. 44 00:02:48,544 --> 00:02:50,544 And that shift is powerful. 45 00:02:50,544 --> 00:02:52,704 Now like I said, it doesn't earn much. 46 00:02:52,704 --> 00:02:56,904 But you're basically spending a little bit consistently for the chance at something big. 47 00:02:56,904 --> 00:02:59,844 One block today is worth a couple hundred thousand dollars. 48 00:02:59,844 --> 00:03:03,104 Although the probability is low, the payoff is huge. 49 00:03:03,104 --> 00:03:05,444 And if that tradeoff doesn't make sense to you, that's fine. 50 00:03:05,444 --> 00:03:06,444 This isn't for everyone. 51 00:03:06,444 --> 00:03:08,824 It's not for someone who needs guaranteed yield. 52 00:03:08,824 --> 00:03:12,324 It's for someone who understands sovereignty and participation. 53 00:03:12,324 --> 00:03:16,284 So realistically, you might run this thing for years and never hit a block. 54 00:03:16,284 --> 00:03:17,644 That's very possible. 55 00:03:17,644 --> 00:03:19,144 And you have to be okay with that. 56 00:03:19,144 --> 00:03:22,064 But daily profit isn't the only way to measure something. 57 00:03:22,064 --> 00:03:25,404 People run this for the upside because they care about strengthening the network or just 58 00:03:25,404 --> 00:03:28,184 being hands-on and running their own infrastructure. 59 00:03:28,184 --> 00:03:30,204 So that's my take on the Nerdoc Tax Gamma. 60 00:03:30,204 --> 00:03:33,844 If this is something you want to experiment with, there's a link below with a 10% discount 61 00:03:33,844 --> 00:03:34,844 code. 62 00:03:34,844 --> 00:03:37,344 And if you want to make sure it's configured, especially if you're running it through your 63 00:03:37,344 --> 00:03:40,444 own node, the team at the Bitcoin Way can guide you through it step by step. 64 00:03:42,324 --> 00:03:48,464 Thank you.